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In the early months of 2024, witnessed a downturn in its Economic Climate Indicator, signaling a shift in business sentiment.
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Read more: Economic Trends and Challenges in Cape Verde in Early 2024
Write comment (95 Comments)The Bank of Mexico (Banxico) chose to keep its rates of interest unchanged at 11%, stopping its current relieving cycle. This move aligns with the expectations of numerous analysts surveyed by Citibanamex.Banxico's financial policy committee unanimously selected this course, highlighting the central bank's careful technique to consistent inflation risks, regardless of so
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Read more: Banxico Holds Interest Rate Steady at 11% Amid Inflation Concerns
Write comment (93 Comments)China's real estate market recession is casting long shadows over the global iron ore industry, challenging the recent modest uptick in ore prices.While early April saw iron ore prices surge past $100 per load due to short-term steel market strengths in China, the wider, more sustained outlook remains fraught with uncertainty.At an essential industry
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Read more: China's Economic Pivot and Its Impact on Global Iron Ore Markets
Write comment (94 Comments)Eletrobras (ELET6), a leading Brazilian energy company, reported a regulatory net revenue of R$9.7 billion ($1.9 billion) for Q1 2024.
This represents a 9% increase from Q1 2023. Primarily, tariff adjustments in the transmission segment propelled this growth.
Meanwhile, the generation sector faced challenges due to low energy prices and selling the
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Read more: Eletrobras Reports Strong 9% Revenue Growth Amid Economic Shifts
Write comment (96 Comments)Adverse weather and conflict are placing global wheat supplies under severe strain, raising fears of escalating food prices.
Analysts
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Read more: Global Wheat Supply Under Pressure from Adverse Weather and War
Write comment (90 Comments)In 2023, Spain confirmed its status as a prime location for Latin American financiers, doubling their investments to $3.051 billion.Elisa Carbonell from ICEX and Andrés Allamand, Ibero-American Secretary General, showcased this in the Global LATAM 2024 report.During the presentation, they worried Spain's strategic function as an entrance to Europe a
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Read more: Latin American Firms Double Investments in Spain
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